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Segment Information (Tables)
12 Months Ended
Dec. 31, 2011
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
Information about LP’s product segments is as follows:
 
  
Year ended December 31,
Dollar amounts in millions
2011
 
2010
 
2009
SALES BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
542.0

 
$
602.7

 
$
408.8

Siding
429.8

 
427.8

 
379.4

Engineered Wood Products
203.3

 
192.0

 
157.7

South America
144.9

 
124.7

 
79.1

Other products
39.4

 
42.9

 
37.9

Intersegment Sales
(2.5
)
 
(6.5
)
 
(1.9
)
Total sales
$
1,356.9

 
$
1,383.6

 
$
1,061.0

PROFIT (LOSS) BY BUSINESS SEGMENT
 
 
 
 
 
OSB
$
(63.5
)
 
$
25.8

 
$
(65.1
)
Siding
42.0

 
51.3

 
29.3

Engineered Wood Products
(15.5
)
 
(21.3
)
 
(33.1
)
South America
11.6

 
7.2

 
0.4

Other products
(12.5
)
 
(1.1
)
 
0.4

Other operating credits and charges, net
11.2

 
(0.1
)
 
(1.6
)
Gain (loss) on sales of and impairments of long-lived assets
(73.9
)
 
(2.4
)
 
2.5

General corporate and other expense, net
(66.4
)
 
(73.4
)
 
(76.5
)
Investment income
28.7

 
38.4

 
47.7

Interest expense, net of capitalized interest
(56.9
)
 
(63.9
)
 
(74.6
)
Other-than-temporary investment impairment
(14.8
)
 
(17.0
)
 
(2.0
)
Other non-operating income (expense)
(1.0
)
 
2.2

 
(7.3
)
Income (loss) from continuing operations before taxes
(211.0
)
 
(54.3
)
 
(179.9
)
Provision (benefit) for income taxes
(39.1
)
 
(22.1
)
 
(63.4
)
Income (loss) from continuing operations
$
(171.9
)
 
$
(32.2
)
 
$
(116.5
)
 
 
 
 
 
 
  
Year ended December 31,
 
2011
 
2010
 
2009
DEPRECIATION AND AMORTIZATION
 
 
 
 
 
OSB
$
36.3

 
$
37.4

 
$
35.2

Siding
15.5

 
18.1

 
18.5

Engineered Wood Products
12.6

 
13.1

 
12.2

South America
11.6

 
10.0

 
9.4

Other products
0.8

 
1.1

 
1.3

Non-segment related
2.1

 
2.3

 
3.4

Total depreciation and amortization
$
78.9

 
$
82.0

 
$
80.0

 
 
 
 
 
 
CAPITAL EXPENDITURES
 
 
 
 
 
OSB
$
8.9

 
$
7.1

 
$
2.5

Siding
5.9

 
5.6

 
4.5

Engineered Wood Products
2.0

 
0.4

 
0.2

South America
2.7

 
1.1

 
2.2

Other products
0.2

 

 
0.1

Non-segment related
1.7

 
0.3

 
0.1

Total capital expenditures
$
21.4

 
$
14.5

 
$
9.6


Information concerning identifiable assets by segment is as follows: 
In millions
December 31,
2011
 
2010
IDENTIFIABLE ASSETS
 
 
 
OSB
$
525.6

 
$
617.2

Siding
167.1

 
177.2

Engineered Wood Products
141.4

 
223.7

South America
156.6

 
209.0

Other products
33.6

 
48.5

Non-segment related
1,115.6

 
1,135.0

Total assets
$
2,139.9

 
$
2,410.6


Non
Schedule of Segment Reporting Information, by Geographical Areas [Table Text Block]
Information concerning LP’s geographic segments is as follows:
 
  
Year ended December 31,
Dollars in millions
2011
 
2010
 
2009
GEOGRAPHIC SEGMENTS:
 
 
 
 
 
Total Sales—Point of origin
 
 
 
 
 
U.S.
$
991

 
$
1,015

 
$
813

Canada
280

 
314

 
273

South America
145

 
125

 
79

Intersegment sales
(59
)
 
(70
)
 
(104
)
Total Sales
$
1,357

 
$
1,384

 
$
1,061

Operating profit (loss)
 
 
 
 
 
U.S.
$
14

 
$
55

 
$
(6
)
Canada
(64
)
 

 
(62
)
South America
12

 
7

 

Other operating credits and charges, net and gain (loss) on sales of and impairments of long-lived assets
(63
)
 
(3
)
 
1

General corporate expense, other-than-temporary investment impairment, loss on early debt extinguishment, realized gain on long term investments, translation gains (losses) and interest, net
(110
)
 
(113
)
 
(113
)
 
(211
)
 
(54
)
 
(180
)
Benefit)for income taxes
(39
)
 
(22
)
 
(63
)
Loss from continuing operations
$
(172
)
 
$
(32
)
 
$
(117
)
Identifiable tangible long-lived assets
 
 
 
 
 
U.S.
$
576

 
$
683

 
$
729

Canada
158

 
172

 
186

South America
107

 
127

 
127

Total assets
$
841

 
$
982

 
$
1,042